Foreign policy begins at home—our ability to project influence around the world depends on the credibility, integrity and transparency of our Government and our economy here at home—and yet London is awash with dirty Russian money, and the Government have failed for almost two years to implement the recommendations of the Russia report. Will the Minister explain why the Government are dragging their feet on that, because it connects directly to our ability to achieve the objectives that she set out on Ukraine and beyond?
I absolutely refute the suggestion that we are dragging our feet. We already have a number of sanctions in place. We work with our international partners—we are a leading voice, for example at NATO last week—and we will continue to do so. I will not comment on specific future sanctions, because to do so would make them ineffective. However, I have made it very clear that any incursion into Ukraine by Russia would be a massive mistake and would lead to severe consequences, including severe economic sanctions.